Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets. Benchmark three…
Emerging ‌and developing economies outside China are expected to add as much new renewable energy capacity as advanced economies for the first time over…
Gold prices slipped on Friday as oil prices rebounded, fanning inflation worries and higher-for-longer interest rate expectations, while investors awaited key…
Oil prices are set for a sharp weekly drop on expectations of a de-escalation of the Iran war after US President Donald Trump's party suffered election losses,…
The Saudi Arabian Oil Company "Aramco" has announced the final price of the secondary public offering of the company's shares. This offering amounts to 1.545…
OPEC+ ministers dismissed the recent drop in oil prices following their decision to gradually increase crude production starting in October. They believe the…
Four years have passed since the launch in Riyadh of the Global Initiative to Reduce Land Degradation during Saudi Arabia’s presidency of the G20 in November…
OPEC Secretary General Haitham Al Ghais on Thursday defended the recent adjustments to the OPEC+ oil output deal, calling it a success. Speaking at an economic…
Saudi Arabia has launched a billion-riyal ($266.6 million) investment fund for the semiconductor industry, alongside a national center. This initiative aims to…
Giant Japanese car companies are suspected of falsifying safety data, prompting the Ministry of Transport to raid major manufacturers such as Toyota, which…
Gold firmed on Thursday as the dollar and Treasury yields retreated on rising bets that US interest rate cuts may start as early as September, while investors…
Oil rose in early Asian trading on Thursday on rising expectations the Federal Reserve will cut interest rates in September, and as the market rebounded from a…
The European Central Bank was all but certain to cut interest rates from record highs on Thursday and was likely to acknowledge it had made progress in its…
As part of the Saudi Central Bank's (SAMA's) pursuit to build a robust and innovative cross-border payments infrastructure in collaboration with various…
The Board of Directors of NEOM revealed the development of Magna, its luxury lifestyle coastal destination. Part of NEOM's regional sustainable tourism…
Banque Saudi Fransi announced in a press release that it completed its rebranding; effective immediately, the bank will operate under the name "BSF". According…
Mohamed Saad, President of Diriyah Company, emphasized the company’s steadfast and advanced strides towards executing its comprehensive plans to establish a…
Saudi Arabia’s Public Investment Fund (PIF) announced on Wednesday that it has successfully priced its inaugural sterling-denominated bond offering of 650…
Saudi Arabia’s cabinet on Tuesday welcomed the latest OPEC+ decisions, saying the Kingdom’s decision with seven other countries to extend their voluntary oil…
OPEC oil output rose in May, a Reuters survey found on Tuesday, as higher exports from Nigeria and Iraq offset the impact of ongoing voluntary supply cuts by…
Turkish Airlines is advancing talks with Boeing for 150 737 MAX narrow-body jets and 75 widebody 787 planes, but a final decision hinges on engine price…
The Saudi Ports Authority "Mawani" has signed a memorandum of understanding (MoU) with the Port of "Marseille Fos" with the aim of enhancing cooperation in…
Riyadh Air, the newest national airline of Saudi Arabia, signed on Monday a memorandum of understanding (MoU) with Air China, China’s exclusive national flag…
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef has visited the Tanger Med Port Center in Morocco as part of efforts to enhance…
The Saudi Export Development Authority (Saudi Exports) is making a significant stride in its commitment to the African market. Under the "Saudi Industry"…
Arabian Drilling Co. (ADC), one of the largest national companies for onshore and offshore oil and gas drilling in Saudi Arabia, agreed with Saudi Aramco to…
Gold fell on Tuesday after rising 1% in the previous session as investors awaited US jobs data due later in the week for further clues on the health of the…
A recent study, “Investment trends in travel technology” by Amadeus, showed that airports are witnessing a rapid digital transformation, as the pace of travel…